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$IOTA /USDT: Bullish Surge with Breakout Potential š
$IOTA is lighting up the charts with a +3.46% gain, trading at $0.3017 after rebounding sharply from a low of $0.2813 to a 24-hour high of $0.3022. With strong buying pressure, all eyes are on the key $0.3020 resistance level for a potential breakout.
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š Trade Setup
š Entry Point: Around $0.3015
šÆ Targets:
Target 1: $0.3080
Target 2: $0.3150
š Stop Loss: $0.2940
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Key Insights
š¹ Breakout Watch: Sustaining momentum above $0.3020 could drive IOTA to higher levels, testing key resistance zones.
š¹ Support Zone: A failure to hold above $0.2950 may trigger consolidation or a minor pullback.
š¹ Bullish Indicators: Rising volume and strong buying pressure signal bullish continuation.
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š” Strategy Tips
Monitor Volume: A volume spike above resistance will confirm bullish momentum.
Set Alerts: Stay sharp for potential pullbacks or consolidation near critical levels.
Manage Risks: Use tight stop-loss levels to protect against unexpected volatility.
š¢ Donāt miss this opportunityā
$IOTA is poised for action! Get ready to ride the momentum and trade smart.
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